Self storage · Honolulu, Hawaii
Storquest Self Storage - Honolulu
Storquest Self Storage - Honolulu is financed with a $4.5M CMBS loan at 3.62% that reaches maturity on February 1, 2030, in 3 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,540,000
- Original balance (same notes)
- $4,540,000
- Interest rate
- 3.62% fixed
- Originated
- January 10, 2020
- Maturity
- February 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ended
- March 31, 2022
- Prepayment premium ends
- September 30, 2029 (yield maintenance)
- Master servicer
- Wells Fargo Bank, NA
- Originator
- KeyBank National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 750 Umi Street, Honolulu, HI 96819
- Metro
- Urban Honolulu, HI
- Units, rooms or beds
- 591
- Built
- 1951, renovated 1994
- Value at securitization
- $7.4M (Dec 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.35x | 3.68x |
| Occupancy | 90% | 74% |
| Net operating income (annualized from 6 months) | $392K | $617K |
| Debt yield | 13.6% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BBCMS Mortgage Trust 2020-C7 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points or more from securitization
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 90% when the loan was securitized to 74%.
- Net operating income is 57% above the underwritten figure ($617K a year against $392K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.35x at securitization to 3.68x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.5M | Current | No | 3.68x | 74% |
| August 2026 | $4.5M | Current | No | 3.68x | 74% |
| July 2026 | $4.5M | Current | No | 3.73x | 77% |
| June 2026 | $4.5M | Current | No | 3.73x | 77% |
| May 2026 | $4.5M | Current | No | 3.73x | 77% |
| April 2026 | $4.5M | Current | No | 3.73x | 77% |
| March 2026 | $4.5M | Current | No | 3.55x | 84% |
| February 2026 | $4.5M | Current | No | 3.55x | 84% |
| January 2026 | $4.5M | Current | No | 3.55x | 84% |
| December 2025 | $4.5M | Current | No | 3.55x | 84% |
| November 2025 | $4.5M | Current | No | 3.55x | 84% |
| October 2025 | $4.5M | Current | No | 3.55x | 84% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2020-C7 | 34 | $4,540,000 | Sep 2026 | SEC filing, September 29, 2026 |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.